What did the RCI find regarding the concealment of information?

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The RCI Report Found Evidence of Concealment of Information and Recommended a Forensic Audit

The Royal Commission of Inquiry (RCI) report into Tabung Haji's management and operations between 2014 and 2020 identified evidence of information concealment. Consequently, the RCI recommended a forensic audit to scrutinise past investment decisions that significantly diminished the value of Tabung Haji's assets.
Evidence of Concealment Identified

The commission's investigation, which covered the period from 2014 to 2020, uncovered instances where information was deliberately hidden. This finding points to a lack of transparency in the financial dealings and operational management of Tabung Haji during that timeframe.
Call for Forensic Audit into Past Investments

A key recommendation stemming from the RCI's findings is the initiation of a comprehensive forensic audit. This audit is intended to thoroughly examine specific past investment decisions that are believed to have caused a severe decline in Tabung Haji's asset value.
Deterioration of Asset Value

The RCI report highlights that several problematic investments made during the investigated period led to a significant deterioration in Tabung Haji's financial standing. These investments are now subject to further scrutiny due to their detrimental impact on the institution's asset value.

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What did the RCI find regarding the concealment of information?

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